AIR CANADA (AC.CA) Stock Technical Analysis

TSX:AC • CA0089118776

20.63 CAD
-0.69 (-3.24%)
Last: Feb 27, 2026, 07:00 PM
Technical Rating and Analysis

8

Taking everything into account, AC scores 8 out of 10 in our technical rating. Although AC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

  • AC is part of the Passenger Airlines industry. There are 6 other stocks in this industry, of which 80% are performing better than AC.
  • The long and short term trends are both positive. This is looking good!
  • AC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AC is lagging the market slightly.
  • In the last month AC has a been trading in the 18.72 - 21.68 range, which is quite wide. It is currently trading near the high of this range.
  • AC has an average volume of 2583750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
  • When comparing the performance of all stocks over the past year, AC turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
Weekly and Daily overview Charts
AIR CANADA / AC Weekly stock chart
AIR CANADA / AC Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, AC also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 20.45, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AC in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

17.38

22.96

We found 4 important support areas.

  • A support zone ranging from 20.26 to 20.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 18.89 to 19.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 18.22 to 18.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 17.56 to 17.88. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 20.75 to 21.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @22.73 from a horizontal line in the weekly time frame.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for AC.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for AC.CA is up.
ChartMill Relative Strength56.71NEUTRALAC.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of AC.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of AC.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of AC.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)53.47NEUTRALThe RSI value for AC.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests AC.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)72.3NEUTRALThe Stochastics value for AC.CA is a neutral value.
Average True Range in percent/ATR (20)3.64MEDIUM VOLATILITYThe ATR as a percentage value for AC.CA suggests some volalility.
Average Directional Index/ADX (14)22.03NEUTRALThe ADX value for AC.CA suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
21.3320.251.08 (5.06%)19.75%
An entry @21.33. This is a Buy Stop order right above the resistance zone.An exit @20.25. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 1.08 points, which is 5.06%.When investing 19.75% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The distance between exit and entry is rather small compared to the average daily movement of AC. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AIR CANADA / AC Daily stock chart

AIR CANADA

TSX:AC (2/27/2026, 7:00:00 PM)

20.63

-0.69 (-3.24%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-3.24%
1 Week-1.9%
2 Weeks5.69%
1 Month9.33%
3 Month8.46%
6 Month5.79%
12 Month23.16%
2 Year13.85%
3 Year2.53%
5 Year-17.81%
10 Year185.73%
15 Year611.38%
Volatility
ATR(14)0.81
ATR(20)%3.64%
ATR Inc4.13%
Range Today0.69
ADR(20)0.72
ADR(20)%3.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.71
3 months CRS57.92
6 months CRS44.11
Mansfield0.27
10 Day High21.68
10 Day Low19.84
20 Day High21.68
20 Day Low18.72
52 Week High23.72
52 Week Low12.69
CS1 End20.45
CR1 Start20.75
Volume & EV
DER(3)4.7%
DER(5)-1.12%
Volume3.42M
Volume Incr1.72%
Vol(5)2.94M
Vol(50)2.58M

AIR CANADA / AC.CA FAQ

What is the technical rating for AC stock?

ChartMill assigns a technical rating of 8 / 10 to AC.CA.


Can you provide the trend direction for AIR CANADA?

The current trend direction for AIR CANADA (AC.CA) is Bullish.


What is the RSI signal for AIR CANADA (AC.CA) stock?

AIR CANADA (AC.CA) has an RSI value of 53.4748. This indicates that the stock is currently neutral.


What is the short term momentum for AIR CANADA (AC.CA) stock?

The short term momentum for AIR CANADA (AC.CA) is positive.


Can you provide the buy/sell signal for AIR CANADA?

The buy/sell signal for AIR CANADA (AC.CA) is buy as both the short term and long term trends are positive.